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<br /> :'
<br /> 77;
<br /> � �t107210 �gTICLE IX .
<br /> � Default Provisions and Remedies t �
<br /> of Trustee and Bondholders � ��;' ���`�
<br /> Section 901 . If any of the following events occur , sub - u �" '"`
<br /> � �� �
<br /> ject to the provisions of Section 913 hereof , it is hereb � # , �
<br /> ;
<br /> defined as and declared to be and to constitute an event � ,; ' r
<br /> , �
<br /> � ,
<br /> of default " . �
<br /> �
<br /> ( a ) Default in the due and punctual payment o = any � : ",
<br /> interest on any bond hereby secured and outstanding � .; x
<br /> hereunder a:id the continuance thereof for a period ''� : '
<br /> of ten ( 10 ) days after mailing of written notice ��;�` � s ��
<br /> thereof by the Trustee to the Lessee ; � ;,,� � � ',
<br /> ( b ) Default in the due and punctual payrsent oz" t�e � x{ r � y
<br /> principal of any bond hereby secured and outstanding ,y�; F '
<br /> hereunder , whether at the stated maturity thereof , �:� �':
<br /> or upon proceedings for redemption thereof , or ' i � ;.
<br /> upon the maturity thereof by declaration , and the �x;� < i'
<br /> continuance thereof for a period of ten ( 10 ) days , ,,
<br /> after mai _ in of written notice th r of bv �' ' ''
<br /> g e e , _ he �:�; ;
<br /> Trustee to the Lessee ; � �4r
<br /> ( c ) Default in the due and punctual payiaent of any R,:' . ,'F'�
<br /> other moneys required to be paid to the Trustee ' q�
<br /> 0. �1'.
<br /> � under the provisions of Article V hereof , and the � ,�.�
<br /> continuance thereof for a pericd of ten ( 10 ) days � `
<br /> after mailing of written notice thereor oy the ,a, � f°;
<br /> Trus cee to the Le s s ee ; v � � � ,�°?
<br /> , ,. � ;
<br /> . ( d) Default in the performance or observance of any °�`' ` ;"
<br /> other of the covenants , agreements or conditions on � �Y�
<br /> the part of the Issuer in this Indenture , or in the �
<br /> bonds contained , and the continuance thereof for :n
<br /> a period of sixty ( 60 ) days after mailing af �
<br /> written notice thereof to the Issuer by the Trustee
<br /> or by the owners of not less than ten per cent
<br /> ( 10'/e ) in aggregate principal amount of bonds
<br /> outstanding hereunder ;
<br /> ( e ) Default by T_.essee in the keeping or the covenant
<br /> set fortn in Section 5 . � of the Lease , an�' the
<br /> continuance thereof for a period oi sixty < 60 )
<br /> days after mailing of written notice thereof to
<br /> Lessee by the Issuer or the Trustee or bv the
<br /> owners of not less than ten per cent ( 10'/�) in
<br /> aggregate principal amount of the bonds outstanding
<br /> hereunder ;
<br /> ( f ) Default by Lessee in the performance or observance
<br /> of any of the covenants , agreements or conditions
<br /> on the part of Lessee to be performed or observed
<br /> under the Lease , and the continuance thezeof for
<br /> a period of sixty ( 60 ) days after mailing of written
<br /> notice thereof to Lessee by the Zssuer or the
<br /> Trustee or by the owners or not less than ten per
<br /> cent < 10�e ) ir. aggregate principal a.�nount of the
<br /> bonda outstanding hereunder .
<br /> ^ � � The term " default " shall mean default by the Issuer or the ,�---:,- '
<br /> r ,
<br /> �' Lessee in the perfoxzaance or obse�-vance of any of the coven - ;� -�
<br /> +e,. �y',.
<br /> ;� anta , agreements or coaditions on their part contained in �F ;,
<br /> ;�.�' �:;
<br /> � „ ' �.,�
<br /> " '" this Indenture or the Lease , es the case may be . or in the � ,� ;;�
<br /> ' � wa .
<br /> � —�
<br />
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